Wings Capital Partners is launched

R. Stephen Hannahs and Two Sigma Private Investments have formed Wings Capital Partners. The firm that will focus on making investments in and providing strategic advice and financing to the aviation industry.

PRESS RELEASE

R. Stephen Hannahs and Two Sigma Private Investments today announced the formation of Wings Capital Partners (WCP), a firm that will focus on making investments in and providing strategic advice and financing to the aviation industry.

Wings Capital Partners will, among other things, seek to purchase mid-life and end-of-life aircraft where the WCP team has relationships with counter-parties, equipment knowledge or a market view. In addition, WCP will make opportunistic investments, including private equity, where it has particular insight and can be a value-added owner.

Hannahs co-founded the Aviation Capital Group (ACG) in 1989, and served as its Chief Executive Officer as the company grew into a leading global aircraft lessor with a portfolio of more than 250 aircraft and over 90 airline customers in 45 countries.

Christopher Dennis-Meyer, who previously worked with Hannahs at ACG and most recently served as Senior Vice President of Intrepid Aviation, has also joined WCP as Senior Vice President and Partner.

“Steve Hannahs is an aviation industry veteran and innovator who established an extraordinary record of success at ACG,” said Brian Modesitt, Managing Director in Two Sigma`s Private Investment group. “We are excited to join with Steve and his team at Wings Capital Partners and to provide a flexible capital base that will allow WCP to execute its business plan and vision.”

“We are delighted to be partnering with Steve and Chris in this new venture,” said Wray Thorn, Chief Investment Officer of Two Sigma`s Private Investments group. “We believe that WCP is well positioned to take advantage of attractive investment opportunities in the aviation industry.”

“This is a great opportunity to partner with Two Sigma,” said Hannahs. “This partnership will bring a unique form of flexible capital to an industry that continually seeks innovative ways to finance itself. Two Sigma has already demonstrated a forward looking vision in the deployment of capital in our commitments to a variety of different projects. WCP will be a boutique aviation investment firm.”

About Wings Capital Partners
Wings Capital Partners is a private equity, investment, advisory and financing group for the airline industry. WCP also will purchase mid- to end-of-life aircraft under a variety of business objectives for the operator and WCP.

About Two Sigma Private Investments
Two Sigma Private Investments seeks to partner with managers to build businesses and create value. With flexible, long-term capital, the firm endeavors to be creative in structuring its investments to meet the needs and objectives of its business partners.

Two Sigma Private Investments is the private markets investment division of Two Sigma Investments, a leading technology company that applies a rigorous, scientific method-based approach to investment management. Since its founding in 2001, Two Sigma Investments` vision has been to develop technological innovations that intelligently analyze the world`s data to consistently deliver value for its clients. Two Sigma Investments applies its expertise in financial markets and technology to seek to consistently generate uncorrelated alpha across a wide range of market conditions. Today, Two Sigma Investments, together with its affiliates, has approximately 560 employees and total assets under management of over $15 billion, including employee and proprietary capital. Two
Sigma Investments is an SEC-registered investment adviser.

Wings Capital Partners
R. Stephen Hannahs, +1 949-500-2142
Managing Director and CEO
RSH@wingscap.com
or
Christopher Dennis-Meyer, +1 949-500-5807
Senior Vice President and Partner
CDM@wingscap.com